Kurdistan oil heads to Ceyhan. Iraq’s energy sector took a major step forward this week. The oil minister announced that oil exports from Kurdistan will resume very soon.
During a visit to Kirkuk, the minister held key meetings with regional officials. He also inspected operations at the North Oil Company and reviewed progress firsthand.
He emphasized that the recent agreement between Erbil and Baghdad has reopened the export pathway. According to the Kurdistan Regional Government, oil production now stands at 130,000 barrels per day. Of this, 50,000 barrels will meet local demand. The remaining 80,000 barrels will be exported.
Kurdistan oil heads to Ceyhan. The export process will begin either today or tomorrow. This marks a turning point for regional oil operations. Moreover, it could revive many halted projects.
Recent drone attacks severely disrupted production in the region. Some companies completely paused operations. However, the return of exports may lead them to resume work. This could help boost output quickly.
The current oil agreement between Iraq and Turkey will remain valid until the end of the year. Meanwhile, both countries plan to negotiate a long-term deal during this period.
The Iraqi cabinet had earlier approved a financial deal with the Kurdistan Region. It promised 120 billion dinars in monthly payments from non-oil revenues. It also included the delivery of 230,000 barrels of oil per day to the federal government. But due to recent attacks, production dropped sharply. Only 80,000 barrels are currently available for export through SOMO.
Kurdistan oil heads to Ceyhan. This development plays a vital role in Iraq’s energy strategy. It will also support public employee salaries in the region.
As exports resume, hopes are rising for stronger economic stability. Each shipment strengthens Iraq’s energy diplomacy and reinforces national unity.